Is Oak Grove, LA 71263 a buyer’s or seller’s market?
Oak Grove is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Oak Grove housing market right now
In the three months ending August 31, 2026, 0% of homes in Oak Grove, LA 71263 sold above their list price, the typical home went under contract in 56 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (78 days then) and the median sale price rose 76% to $191,917. Overall, Oak Grove is more competitive than a year ago, so tougher for buyers.
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Questions about Oak Grove real estate
Is Oak Grove a buyer’s or seller’s market?
A buyer’s market: there were 7.5 months of supply in Oak Grove, LA 71263 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Oak Grove?
The typical home went under contract in 56 days in the latest three months.
Do homes in Oak Grove sell over asking?
0% of homes sold above their original list price.
What are property taxes in Oak Grove?
About 0.21% of a home’s value a year in West Carroll Parish, or roughly $840 on a $400,000 home.
What is the median home price in Oak Grove?
The median sale price was $191,917 in the three months ending August 31, 2026, about $113 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology